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Difference between a public limited company and a limited co

SUNILKUMAR WADHWANI (Chartered Accountant) (320 Points)

01 April 2013

Is there a difference between a public limited company and a limited company?

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dipak (trainee) (43 Points)
Replied 01 April 2013

LIMITED COMPANY is a company with limited stockholder liability: a company whose owners and managers enjoy limited liability and some tax benefits, but avoid some restrictions associated with Such corporations
A Public LIMITED COMPANY is a company with limited stockholder liability: a company in the United Kingdom whose shares can be bought and sold on the stock market and whose stockholders are subject to restricted liability for any debts or losses.
One is open to the public and the other is not.

Experts plzz help im not sure with my answer.........